FTSE inclusion to bring 10 bln USD to Chinese market

Source: Xinhua| 2019-01-17 16:36:06|Editor: ZX
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BEIJING, Jan. 17 (Xinhua) -- A total of 10 billion U.S. dollars of passive funds will be pumped into China's capital market in 2019 as FTSE Russell plans to add A-shares in its global indices this June, China Securities Journal has reported.

Mark Makepeace, CEO of FTSE Russell, has said another 50 billion U.S. dollars is expected to be injected into China in the next three to four years, with a weight increase of Chinese A-shares in its key indices.

China has facilitated market reforms so global investors will enjoy greater access to the country's equity market.

FTSE Russell's rival MSCI, another global index compiler, has included a number of China A-shares on its MSCI Emerging Markets Index and has proposed to increase the weighting.

The sentiment is generally optimistic about China's A-share market this year. With improving policy environment, China's stock market is expected to garner significant global investment, analysts said.

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